Timex Group India Ltd

Timex Group India Ltd

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About

Timex Group India Limited is a group company of Tanager Group B.V. (formerly known as Timex Group B.V.). The Co is engaged in manufacturing and trading of watches and rendering of related after sales service. The Company also provides information and technology support services to the Group Companies. [1][2]

Key Points

History
Co entered India in 1988 as a joint venture with Jayna Times Industries Ltd until 1990. In 1990, co entered into a JV with Titan which ended in 2000. Co got listed in 1994. Timex Group is America’s Oldest Watchmaker, established in 1854 in Connecticut[1][2]

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  • Stock P/E
  • Book Value
  • Dividend Yield %
  • ROCE %
  • ROE %
  • Face Value

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Quarterly Results

Figures in Rs. Crores

Operating Profit
OPM %
Interest
Depreciation
Profit before tax
Tax %
EPS in Rs
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Profit & Loss

Figures in Rs. Crores

Operating Profit
OPM %
Interest
Depreciation
Profit before tax
Tax %
EPS in Rs
Dividend Payout %
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: %
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: %
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: %
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: %

Balance Sheet

Figures in Rs. Crores

Equity Capital
Reserves
Total Liabilities
CWIP
Investments
Total Assets

Cash Flows

Figures in Rs. Crores

Net Cash Flow
Free Cash Flow
CFO/OP

Ratios

Figures in Rs. Crores

Debtor Days
Inventory Days
Days Payable
Cash Conversion Cycle
Working Capital Days
ROCE %

Insights

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Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Sep 2023 Mar 2025
Number of Permanent Employees
Number ・Standalone data

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Timex World Showrooms/Retail Stores
Number ・Standalone data
Authorized Service Centres
Number ・Standalone data
Daily Assembly Capacity
Watches ・Standalone data
Large Format Stores Reach
Number ・Standalone data
Annual Production Capacity at Baddi Plant
Million Units ・Standalone data
Multi Brand Outlet (MBO) Touchpoints
Number ・Standalone data
Global Brand Portfolio Presence
Number ・Standalone data

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Shareholding Pattern

Numbers in percentages

Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
74.93% 74.93% 74.93% 74.93% 74.93% 74.93% 74.93% 74.93% 59.93% 59.93% 51.00% 51.00%
0.37% 0.37% 0.77% 0.77% 0.47% 0.22% 0.10% 0.11% 1.10% 1.61% 2.02% 1.32%
0.01% 0.01% 0.01% 0.15% 0.16% 0.01% 0.01% 0.01% 0.15% 0.48% 0.49% 0.51%
24.69% 24.70% 24.29% 24.16% 24.44% 24.84% 24.96% 24.95% 38.82% 37.98% 46.49% 47.17%
No. of Shareholders 42,94742,85942,52442,64543,40743,40245,01144,39847,81250,28860,96559,586

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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